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After strategically building its presence in South Florida over the past two decades, Banesco USA is making a deeper push into Tampa Bay – a market the Miami-based bank sees as an important part of its continued growth across Florida.
The bank’s Tampa Bay expansion gained significant momentum in December 2025, when Banesco acquired a national Small Business Administration (SBA) lending business, bringing with it a team of more than 50 banking professionals. The acquisition immediately expanded Banesco’s SBA capabilities and established a stronger presence across Greater Tampa Bay, while creating a national lending platform serving small businesses across the country.
Elijiah Gray, senior vice president and SBA market executive at Banesco USA, has led that effort, bringing an experienced SBA team to the market and helping position the bank as a financing partner for entrepreneurs looking to acquire businesses, purchase commercial real estate or expand their operations nationwide.
Now, Banesco is adding two Tampa Bay banking veterans to help build on that foundation.
Teresa Stinson has been appointed to Banesco’s Board of Directors. She brings more than 25 years of experience in commercial banking, corporate finance, and credit oversight. Throughout her career, she has held leadership positions with major financial institutions, and her expertise includes financial analysis, strategic planning, risk management, compensation and corporate governance.
David K. Moore has also joined the bank as Senior Vice President and Tampa Bay Market Executive, where he will lead Banesco’s commercial banking team and drive growth and client relationships throughout Tampa Bay and West Coast Florida. Moore brings more than 30 years of community banking and executive leadership experience, with a background spanning commercial, middle-market and SBA banking, commercial real estate and treasury management services.
The additions come as Banesco continues to expand its commercial banking footprint in the region, including its presence in St. Petersburg. The bank’s broader strategy includes Commercial & Industrial, Business & Professional, International Banking and Commercial Real Estate lending, alongside its expanded SBA platform.
The bank’s growing presence in Tampa also has a personal connection to its leadership. Calixto “Cali” García-Vélez, President and CEO of Banesco USA, has family roots in Tampa’s historic Ybor City, further connecting the bank to a community with longstanding cultural and entrepreneurial ties.
With its expanded SBA platform, growing commercial banking team and new Tampa Bay leadership, Banesco is positioning itself to become a more significant banking partner for businesses across the region.
For personalized banking solutions in Great Tampa Bay, contact David K. Moore today at [email protected].
To learn more about Banesco USA’s services and products, please visit banescousa.com.
About Banesco USA
Banesco USA, founded in 2006 and headquartered in Miami, is an independent Florida state-chartered bank with $5.9 billion assets as of June 2026, and operates six banking centers across Florida and Puerto Rico. Following a recent acquisition, Banesco USA has significantly enhanced its capabilities. The bank now features an expanded SBA lending business with a presence in the Greater Tampa Bay region, boosting its capacity to offer specialized SBA loans nationwide. Banesco USA continues to proudly serve its core clients—the commercial real estate sector and small to middle-market businesses—supported by Loan and Deposit Production Offices in Palm Beach, Broward and St. Petersburg. The bank serves domestic and international clients and operating companies with a suite of products and services delivered with personalized attention to support their financial journeys. For more information, please visit banescousa.com.